u/IndividualJealous800

The company has a target of $20 EPS in 2030. Is it achievable? If they can really do it, giving 18x EPS gives us $360 by 2030

Elon Musk says the “limiting factor currently is memory” with supply growing around 20% annually against demand of 200% or more.

AI companies are currently training models with 1T parameters. Plan is to train 100T or 100T parameter models by 2030.

This should increase memory demand by 100x from now. Even if memory prices go down, their revenue goes up, and they can maintain current EPS.

Then it is no longer cyclical. if we can put 12 PE ratio, then it is double from here for these stocks.

Does anyone see anything wrong with this thesis?